DALIAN/SHANGHAI -- Dalian Wanda Group, China's biggest shopping mall operator, has sought to push back repayment on a $600 million dollar bond due in January, a move toward restructuring its heavy debt load.
A plan has been presented to creditors to extend repayment on the bond, issued by subsidiary Dalian Wanda Commercial Management Group, by up to 11 months from the current maturity date of Jan. 29, the company said in a disclosure to the Hong Kong exchange on Tuesday.
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